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Silver Bay Seafoods announces buyout of OBI

Summary by KTOO
The Petersburg Fisheries seafood processing plant (shown) has changed hands multiple times in recent years, from Icicle to OBI to Silver Bay. (KFSK file photo) Sitka-based Silver Bay Seafoods is buying out the international seafood processing giant OBI. Silver Bay announced the acquisition on Tuesday, stating that it is partnering with the Bristol Bay Economic Development Corp. In a press release, Silver Bay says it plans to manage all OBI facil…

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Silver Bay Seafoods announces buyout of OBI

The Petersburg Fisheries seafood processing plant (shown) has changed hands multiple times in recent years, from Icicle to OBI to Silver Bay. (KFSK file photo) Sitka-based Silver Bay Seafoods is buying out the international seafood processing giant OBI. Silver Bay announced the acquisition on Tuesday, stating that it is partnering with the Bristol Bay Economic Development Corp. In a press release, Silver Bay says it plans to manage all OBI facil…

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Petersburg PilotPetersburg Pilot

Silver Bay Seafoods acquires Icicle's 50% ownership stake in OBI

Silver Bay Seafoods and Bristol Bay Economic Development Corporation (BBEDC) jointly announced Tuesday a partnership they say "will increase stability for Alaskan fishermen and communities reliant on seafoods processing operations," with Silver Bay acquiring Icicle Seafoods' 50% ownership stake in OBI Seafoods. The acquisition affects many processing facilities throughout Alaska,...

·Petersburg, United States
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Petersburg Pilot broke the news in Petersburg, United States on Thursday, March 20, 2025.
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